Nextracker Inc
NASDAQ:NXT
Income Statement
Earnings Waterfall
Nextracker Inc
Income Statement
Nextracker Inc
| Jul-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
7
|
11
|
13
|
11
|
8
|
0
|
|
| Revenue |
1 519
N/A
|
1 648
+8%
|
1 824
+11%
|
1 902
+4%
|
1 978
+4%
|
2 085
+5%
|
2 282
+9%
|
2 500
+10%
|
2 740
+10%
|
2 802
+2%
|
2 771
-1%
|
2 959
+7%
|
3 104
+5%
|
3 373
+9%
|
3 603
+7%
|
|
| Gross Profit | ||||||||||||||||
| Cost of Revenue |
(1 360)
|
(1 461)
|
(1 588)
|
(1 615)
|
(1 628)
|
(1 649)
|
(1 719)
|
(1 687)
|
(1 803)
|
(1 790)
|
(1 728)
|
(1 950)
|
(2 050)
|
(2 220)
|
(2 402)
|
|
| Gross Profit |
159
N/A
|
187
+17%
|
236
+26%
|
287
+22%
|
351
+22%
|
435
+24%
|
563
+29%
|
813
+44%
|
937
+15%
|
1 012
+8%
|
1 044
+3%
|
1 009
-3%
|
1 053
+4%
|
1 154
+10%
|
1 201
+4%
|
|
| Operating Income | ||||||||||||||||
| Operating Expenses |
(85)
|
(93)
|
(100)
|
(118)
|
(138)
|
(168)
|
(206)
|
(226)
|
(262)
|
(300)
|
(329)
|
(370)
|
(387)
|
(404)
|
(462)
|
|
| Selling, General & Administrative |
(67)
|
(76)
|
(82)
|
(96)
|
(114)
|
(142)
|
(172)
|
(184)
|
(212)
|
(237)
|
(259)
|
(290)
|
(302)
|
(312)
|
(324)
|
|
| Research & Development |
(15)
|
(16)
|
(17)
|
(22)
|
(23)
|
(26)
|
(34)
|
(42)
|
(50)
|
(62)
|
(69)
|
(79)
|
(84)
|
(92)
|
(101)
|
|
| Depreciation & Amortization |
(3)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(36)
|
|
| Operating Income |
75
N/A
|
94
+26%
|
135
+44%
|
168
+24%
|
213
+26%
|
267
+26%
|
357
+34%
|
587
+64%
|
675
+15%
|
713
+6%
|
714
+0%
|
639
-11%
|
666
+4%
|
749
+12%
|
739
-1%
|
|
| Pre-Tax Income | ||||||||||||||||
| Interest Income Expense |
(1)
|
(2)
|
1
|
1
|
(1)
|
(8)
|
8
|
(14)
|
(16)
|
(11)
|
(33)
|
(13)
|
(11)
|
(8)
|
(5)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(36)
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
35
|
30
|
37
|
51
|
22
|
33
|
28
|
19
|
|
| Pre-Tax Income |
74
N/A
|
92
+25%
|
136
+48%
|
169
+24%
|
212
+25%
|
259
+22%
|
365
+41%
|
608
+67%
|
687
+13%
|
739
+8%
|
732
-1%
|
648
-12%
|
687
+6%
|
733
+7%
|
753
+3%
|
|
| Net Income | ||||||||||||||||
| Tax Provision |
(15)
|
(23)
|
(37)
|
(48)
|
(51)
|
(44)
|
(64)
|
(112)
|
(130)
|
(146)
|
(150)
|
(131)
|
(137)
|
(153)
|
(160)
|
|
| Income from Continuing Operations |
58
|
70
|
100
|
121
|
161
|
215
|
301
|
496
|
557
|
593
|
583
|
517
|
550
|
579
|
593
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(2)
|
(46)
|
(88)
|
(174)
|
(190)
|
(150)
|
(110)
|
(25)
|
(8)
|
(5)
|
(3)
|
(1)
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
(118)
|
(118)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
58
N/A
|
70
+19%
|
100
+43%
|
1
-99%
|
(3)
N/A
|
10
N/A
|
8
-12%
|
306
+3 538%
|
408
+33%
|
484
+19%
|
558
+15%
|
509
-9%
|
545
+7%
|
576
+6%
|
592
+3%
|
|
| EPS (Diluted) |
0.41
N/A
|
0.48
+17%
|
2.37
+394%
|
0.02
-99%
|
-0.01
N/A
|
0.06
N/A
|
0.05
-17%
|
2.07
+4 040%
|
2.73
+32%
|
3.24
+19%
|
3.74
+15%
|
3.41
-9%
|
3.6
+6%
|
3.78
+5%
|
3.84
+2%
|
|